Sherman Town Center Parcel

Highlights:

• Land Survey, Aerial, and Town Center Survey located in Documents Tab

Description:

Tabani Realty is pleased to present a prime investment opportunity located in Sherman Texas, at a high-exposure intersection near Graham Drive and Loy Lake Road. The parcel is 4.94 acres and is zoned commercial. Ideally situated near the 1.15 million square ft Sherman Town Center shopping center anchored by Walmart, Cinemark, Hobby Lobby, Target, Home Depot and JCPenney with having excellent signage visibility to and from highly traveled Hwy 75, and with all utilities to the site. Sherman is home to Texas Instruments, with a new $30 billion fabrication plant coming within the next two years that could support 3,000 direct jobs over time. Other nearby employers include Tyson Foods, GlobiTech, Emerson, Kaiser Aluminum and Sunny Delight. National retailers nearby include Kohl’s, Academy, Sam’s Club, Lowe’s, Orschelin, and Office Depot . Sherman is only about 15 minutes from from Choctaw Casino, Lake Texoma and under construction Hard Rock hotel.

Sherman has a population of 45,000 residents and is experiencing a boom in both population and investment. It has been designated as the 4th most desirable town to live in Texas, per Sedco. The city is located just 45 minutes from DFW Int'l Airport and Dallas Love Field. Traffic counts for US 75 of 63,406 ensure Sherman remains a growing city in the North Texas Corridor. With a work force of over 2 million plus, Sherman is poised for long term economic momentum. The parcel can be used to develop Multifamily, Retail, Corporate Head Offices, Office Building, Hotels and etc. This parcel is the last parcel approved to build hotels in the heart of Sherman Town Center.

Documents: